Published On:September 26 2015
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AMRL Hitech City gets investment commitment of over Rs. 1,000 crore.
AMRL Hitech City, a multi-product special economic zone (SEZ) financed by Srei Infrastructure Finance and marketed by Attivo, has received investment commitment of over Rs. 1,000 crore from more than 30 customers. The investments will create employment opportunity for nearly 2,600 people.
Spread over 2,518 acres in Nanguneri (Tamil Nadu), AMRL Hitech City is creating a sustainable and comprehensive industrial zone of international standards. The first phase, involving 1,250 acres, offers investors an opportunity to actively participate in the growth story of Tamil Nadu.
The SEZ will house a diverse set of industries including electronics, general engineering, auto ancillaries and components, solar and many more. AMRL Hitech City has the potential to generate employment in excess of 50,000 over the next decade making it one of India's largest industrial zones.
Elaborating on the SEZ, Attivo Economic Zones CEO Indranil Dasgupta said: 'AMRL Hitech City envisages a self-sufficient industrial environment that ensures optimal business and industrial growth for diverse sectors, and higher level of national and global connectivity. There is a conscious effort to nurture environment-friendly practices and promote ecological sustainability.'
ET